Elliotte Friedman via twitter: Colby Armstrong will be bought out by the Maple Leafs.
Bob McKenzie via twitter: Armstrong will be put on unconditional waivers at noon with the purpose of being bought out.
CapGeek via twitter: Armstrong will carry a $1 million cap hit in each of the next to seasons.
Joe Yerdon via twitter: Yerdon thinks the Armstrong buy out is just in time for the Leafs to fork out a big deal for Brandon Prust.